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Oman Investment & Finance Company SAOG

MSM:OIFC
Snowflake Description

Fair value with acceptable track record.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
OIFC
MSM
OMR17M
Market Cap
  1. Home
  2. OM
  3. Commercial Services
Company description

Oman Investment & Finance Company SAOG, an investment and services company, provides billing, collection, and debt factoring services for electricity, water, and telecom services in the Sultanate of Oman and other GCC countries. The last earnings update was 23 days ago. More info.


Add to Portfolio Compare Print
  • Oman Investment & Finance Company SAOG has significant price volatility in the past 3 months.
OIFC Share Price and Events
7 Day Returns
-10.4%
MSM:OIFC
-3.2%
Asia Commercial Services
-4.1%
OM Market
1 Year Returns
3.6%
MSM:OIFC
-10.7%
Asia Commercial Services
-17.1%
OM Market
OIFC Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Oman Investment & Finance Company SAOG (OIFC) -10.4% -23.2% -21.8% 3.6% -59.8% -61.6%
Asia Commercial Services -3.2% -10.1% -11.3% -10.7% -32.8% -34.3%
OM Market -4.1% -16.7% -15.5% -17.1% -38.9% -46.5%
1 Year Return vs Industry and Market
  • OIFC outperformed the Commercial Services industry which returned -10.7% over the past year.
  • OIFC outperformed the Market in Oman which returned -17.1% over the past year.
Price Volatility
OIFC
Industry
5yr Volatility vs Market

Value

 Is Oman Investment & Finance Company SAOG undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of Oman Investment & Finance Company SAOG to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Oman Investment & Finance Company SAOG.

MSM:OIFC Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model Dividend Discount Model
Dividend Per Share Company Filings (2019-12-31) in OMR OMR .008000
Payout Ratio Company Filings (2019-12-31) 8494.9%
Discount Rate (Cost of Equity) See below 15.2%
Perpetual Growth Rate 10-Year OM Government Bond Rate 8.6%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for MSM:OIFC
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year OM Govt Bond Rate 8.6%
Equity Risk Premium S&P Global 8.2%
Commercial Services Unlevered Beta Simply Wall St/ S&P Global 0.59
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.592 (1 + (1- 15%) (276.95%))
0.766
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
0.8
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 8.6% + (0.8 * 8.23%)
15.18%

Discounted Cash Flow Calculation for MSM:OIFC using Dividend Discount Model Model

The calculations below outline how an intrinsic value for Oman Investment & Finance Company SAOG is arrived at by discounting future dividends to their present value. This approach is used for finance firms where free cash flow is difficult to estimate (e.g. Banks/ Insurance firms).

If the firm does not pay the majority of its earnings out as a dividend this method will often arrive at a value significantly lower than the share price.

See our documentation to learn about this calculation.

MSM:OIFC Gordon Growth Model
Calculation Result
Value per share = Expected dividends per share / (Discount Rate - Perpetual growth rate)
= OMR0.01 / (15.18% - 8.6%)
OMR0.06
MSM:OIFC Discount to Share Price
Calculation Result
Value per share (OMR) From above. OMR0.06
Current discount Discount to share price of OMR0.09
= -1 x (OMR0.09 - OMR0.06) / OMR0.06
-54.1%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of Oman Investment & Finance Company SAOG is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Oman Investment & Finance Company SAOG's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Oman Investment & Finance Company SAOG's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
MSM:OIFC PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-31) in OMR OMR0.02
MSM:OIFC Share Price ** MSM (2020-04-02) in OMR OMR0.09
Asia Commercial Services Industry PE Ratio Median Figure of 360 Publicly-Listed Commercial Services Companies 13.86x
Oman Market PE Ratio Median Figure of 74 Publicly-Listed Companies 10.35x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Oman Investment & Finance Company SAOG.

MSM:OIFC PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= MSM:OIFC Share Price ÷ EPS (both in OMR)

= 0.09 ÷ 0.02

4.65x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Oman Investment & Finance Company SAOG is good value based on earnings compared to the Asia Commercial Services industry average.
  • Oman Investment & Finance Company SAOG is good value based on earnings compared to the Oman market.
Price based on expected Growth
Does Oman Investment & Finance Company SAOG's expected growth come at a high price?
Raw Data
MSM:OIFC PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 4.65x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
Asia Commercial Services Industry PEG Ratio Median Figure of 76 Publicly-Listed Commercial Services Companies 1.23x
Oman Market PEG Ratio Median Figure of 6 Publicly-Listed Companies 1.31x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Oman Investment & Finance Company SAOG, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Oman Investment & Finance Company SAOG's assets?
Raw Data
MSM:OIFC PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-31) in OMR OMR0.15
MSM:OIFC Share Price * MSM (2020-04-02) in OMR OMR0.09
Asia Commercial Services Industry PB Ratio Median Figure of 471 Publicly-Listed Commercial Services Companies 0.98x
Oman Market PB Ratio Median Figure of 102 Publicly-Listed Companies 0.77x
MSM:OIFC PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= MSM:OIFC Share Price ÷ Book Value per Share (both in OMR)

= 0.09 ÷ 0.15

0.56x

* Primary Listing of Oman Investment & Finance Company SAOG.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Oman Investment & Finance Company SAOG is good value based on assets compared to the Asia Commercial Services industry average.
X
Value checks
We assess Oman Investment & Finance Company SAOG's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Commercial Services industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Commercial Services industry average (and greater than 0)? (1 check)
  5. Oman Investment & Finance Company SAOG has a total score of 3/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

Future Performance

 How is Oman Investment & Finance Company SAOG expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Oman Investment & Finance Company SAOG has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
17.7%
Expected Commercial Services industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Oman Investment & Finance Company SAOG expected to grow at an attractive rate?
  • Unable to compare Oman Investment & Finance Company SAOG's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Oman Investment & Finance Company SAOG's earnings growth to the Oman market average as no estimate data is available.
  • Unable to compare Oman Investment & Finance Company SAOG's revenue growth to the Oman market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
MSM:OIFC Future Growth Rates Data Sources
Data Point Source Value (per year)
Asia Commercial Services Industry Earnings Growth Rate Market Cap Weighted Average 17.7%
Asia Commercial Services Industry Revenue Growth Rate Market Cap Weighted Average 12.6%
Oman Market Earnings Growth Rate Market Cap Weighted Average 8.3%
Oman Market Revenue Growth Rate Market Cap Weighted Average 6.5%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
MSM:OIFC Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in OMR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
MSM:OIFC Future Estimates Data
Date (Data in OMR Millions) Revenue Cash Flow Net Income * Avg. No. Analysts
2020-04-04
MSM:OIFC Past Financials Data
Date (Data in OMR Millions) Revenue Cash Flow Net Income *
2019-12-31 16 3 4
2019-09-30 15 3 2
2019-06-30 15 9 2
2019-03-31 15 -1 1
2018-12-31 15 -3 1
2018-09-30 14 3 0
2018-06-30 15 3 1
2018-03-31 16 4 1
2017-12-31 16 16 1
2017-09-30 21 14 3
2017-06-30 22 11 4
2017-03-31 24 14 5

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Oman Investment & Finance Company SAOG is high growth as no earnings estimate data is available.
  • Unable to determine if Oman Investment & Finance Company SAOG is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
MSM:OIFC Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Oman Investment & Finance Company SAOG Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

MSM:OIFC Future Estimates Data
Date (Data in OMR Millions) EPS * EPS High Estimate EPS Low Estimate Avg. No. Analysts
2020-04-04
MSM:OIFC Past Financials Data
Date (Data in OMR Millions) EPS *
2019-12-31 0.02
2019-09-30 0.01
2019-06-30 0.01
2019-03-31 0.00
2018-12-31 0.00
2018-09-30 0.00
2018-06-30 0.00
2018-03-31 0.00
2017-12-31 0.01
2017-09-30 0.02
2017-06-30 0.02
2017-03-31 0.03

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Oman Investment & Finance Company SAOG will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Examine whether Oman Investment & Finance Company SAOG is trading at Oman Investment & Finance Company SAOG'san attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
  2. Oman Investment & Finance Company SAOG's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Commercial Services companies here
  3. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Oman Investment & Finance Company SAOG's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Asia market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Asia market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Oman Investment & Finance Company SAOG has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

Past Performance

  How has Oman Investment & Finance Company SAOG performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Oman Investment & Finance Company SAOG's growth in the last year to its industry (Commercial Services).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Oman Investment & Finance Company SAOG's year on year earnings growth rate was negative over the past 5 years and the most recent earnings are below average.
  • Oman Investment & Finance Company SAOG's 1-year earnings growth exceeds its 5-year average (386% vs -32.8%)
  • Oman Investment & Finance Company SAOG's earnings growth has exceeded the Asia Commercial Services industry average in the past year (386% vs 9.5%).
Earnings and Revenue History
Oman Investment & Finance Company SAOG's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Oman Investment & Finance Company SAOG Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

MSM:OIFC Past Revenue, Cash Flow and Net Income Data
Date (Data in OMR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-12-31 16.14 3.70 1.18
2019-09-30 14.91 2.29 -0.49
2019-06-30 15.15 1.94 -0.50
2019-03-31 14.97 0.99 -0.54
2018-12-31 14.76 0.76 -0.86
2018-09-30 14.46 0.17 2.32
2018-06-30 15.25 0.50 2.08
2018-03-31 15.74 0.91 1.71
2017-12-31 16.22 1.26 1.32
2017-09-30 20.85 3.43 1.29
2017-06-30 21.84 4.17 1.82
2017-03-31 23.86 5.28 2.30
2016-12-31 23.97 5.53 2.95
2016-09-30 20.64 4.75 1.67
2016-06-30 18.95 5.64 0.97
2016-03-31 16.21 5.66 1.19
2015-12-31 15.33 6.10 1.30
2015-09-30 14.71 6.74 2.07
2015-06-30 14.22 6.21 2.36
2015-03-31 13.85 6.38 1.92
2014-12-31 13.11 5.96 2.28
2014-09-30 12.78 6.46 2.12
2014-06-30 12.62 6.43 1.72
2014-03-31 12.49 6.62 1.21
2013-12-31 12.56 12.48 2.57
2013-09-30 12.38 11.42 2.06
2013-06-30 11.88 10.35 1.73

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • Oman Investment & Finance Company SAOG has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Oman Investment & Finance Company SAOG used its assets more efficiently than the Asia Commercial Services industry average last year based on Return on Assets.
  • Oman Investment & Finance Company SAOG's use of capital deteriorated last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Oman Investment & Finance Company SAOG's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Commercial Services industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Oman Investment & Finance Company SAOG has a total score of 3/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

Health

 How is Oman Investment & Finance Company SAOG's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Oman Investment & Finance Company SAOG's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Oman Investment & Finance Company SAOG's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Oman Investment & Finance Company SAOG's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Oman Investment & Finance Company SAOG's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Debt is not covered by short term assets, assets are 0.7x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Oman Investment & Finance Company SAOG Company Filings, last reported 3 months ago.

MSM:OIFC Past Debt and Equity Data
Date (Data in OMR Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-31 30.68 47.23 5.46
2019-09-30 29.14 47.27 3.35
2019-06-30 28.71 38.75 4.23
2019-03-31 28.54 43.44 4.39
2018-12-31 27.88 43.53 6.94
2018-09-30 34.23 43.16 4.72
2018-06-30 34.37 44.71 5.43
2018-03-31 35.34 44.48 8.08
2017-12-31 34.72 37.03 6.96
2017-09-30 36.04 41.26 2.84
2017-06-30 35.88 45.33 5.19
2017-03-31 36.09 46.87 9.92
2016-12-31 37.43 51.41 11.52
2016-09-30 35.22 55.08 6.47
2016-06-30 33.93 50.44 4.29
2016-03-31 32.35 47.65 7.46
2015-12-31 33.65 45.61 8.36
2015-09-30 32.57 41.13 4.45
2015-06-30 31.56 33.09 2.97
2015-03-31 34.08 29.49 1.66
2014-12-31 32.79 25.51 2.36
2014-09-30 31.38 31.04 3.47
2014-06-30 29.86 28.99 3.73
2014-03-31 33.38 21.62 4.57
2013-12-31 31.81 25.10 6.11
2013-09-30 29.70 22.95 4.18
2013-06-30 28.24 20.54 3.66
  • Oman Investment & Finance Company SAOG's level of debt (154%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (77.9% vs 154% today).
  • Debt is not well covered by operating cash flow (7.4%, less than 20% of total debt).
  • Interest payments on debt are not well covered by earnings (EBIT is 0.1x annual interest expense, ideally 3x coverage).
X
Financial health checks
We assess Oman Investment & Finance Company SAOG's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Oman Investment & Finance Company SAOG has a total score of 1/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

Dividends

 What is Oman Investment & Finance Company SAOG's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
9.3%
Current annual income from Oman Investment & Finance Company SAOG dividends.
If you bought OMR2,000 of Oman Investment & Finance Company SAOG shares you are expected to receive OMR186 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Oman Investment & Finance Company SAOG's pays a higher dividend yield than the bottom 25% of dividend payers in Oman (5%).
  • Oman Investment & Finance Company SAOG's dividend is below the markets top 25% of dividend payers in Oman (9.46%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
MSM:OIFC Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
Asia Commercial Services Industry Average Dividend Yield Market Cap Weighted Average of 275 Stocks 2%
Oman Market Average Dividend Yield Market Cap Weighted Average of 65 Stocks 8.5%
Oman Minimum Threshold Dividend Yield 10th Percentile 3.3%
Oman Bottom 25% Dividend Yield 25th Percentile 5%
Oman Top 25% Dividend Yield 75th Percentile 9.5%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

MSM:OIFC Future Dividends Estimate Data
Date (Data in OMR) Dividend per Share (annual) Avg. No. Analysts
2020-04-04
MSM:OIFC Past Annualized Dividends Data
Date (Data in OMR) Dividend per share (annual) Avg. Yield (%)
2020-03-12 0.008 8.792
2020-01-16 0.008 6.796
2019-03-27 0.005 4.937
2018-04-01 0.010 10.568
2017-03-16 0.016 10.194
2016-03-15 0.015 7.423
2016-01-17 0.015 8.010
2015-06-30 0.020 10.945
2014-06-26 0.025 10.893
2013-06-26 0.008 3.025
2012-06-03 0.006 3.997
2012-04-25 0.006 4.569
2011-06-07 0.012 10.888
2011-04-26 0.012 9.975
2010-06-07 0.004 2.926
2010-04-28 0.004 2.602
2009-06-02 0.005 3.260
2009-04-15 0.005 5.487

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Dividends per share have been volatile in the past 10 years (annual drop of over 20%).
  • Dividends per share have increased over the past 10 years.
Current Payout to shareholders
What portion of Oman Investment & Finance Company SAOG's earnings are paid to the shareholders as a dividend.
  • Dividends paid are well covered by earnings (2.3x coverage).
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Oman Investment & Finance Company SAOG's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 3.3%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Oman Investment & Finance Company SAOG afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Oman Investment & Finance Company SAOG has a total score of 3/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Oman Investment & Finance Company SAOG's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Said bin Ahmed Safrar
COMPENSATION OMR2,700
TENURE AS CEO 5.7 years
CEO Bio

Mr. Said bin Ahmed Safrar has been the Chief Executive Officer of Oman Investment & Finance Company SAOG since August 20, 2014. Mr. bin Ahmed Safrar served as the Chief Customer Experience Officer at Omani Qatari Telecommunications Company SAOG since October 2011. He has experience in the banking and telecommunication sector. He has been Deputy Chairman of The Financial Corporation Company SAOG (Fincorp) since June 2015. Mr. bin Ahmed Safrar has been a Non-Executive Independent Director of Bank Sohar, S.A.O.G. since April 14, 2014. He has been Director of The Financial Corporation Company SAOG (Fincorp) since March 10, 2014. He has been Non-Independent & Non-Executive Director of Taageer Finance Company SAOG since March 22, 2018. Mr. Safrar serves as a Independent Director at Sohar International Bank SAOG (formerly known as Sohar SAOG). He served as a Director of Taageer Finance Company SAOG from February 25, 2014 to April 10, 2014. He served as a Director of Oman Investment & Finance Company SAOG from March 4, 2014 to August 3, 2014. He serves as a Member of the Board of Directors for Dhofar Power Company. Mr. bin Ahmed Safrar holds a Master in Business Administration (MBA) in Business Administration and Mnaagement from the University of Hull in the United Kingdom from 2006 to 2006 and a Specialised Diploma from the Arab Academy for Banking and Financial Science in Jordan.

CEO Compensation
  • Said's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Insufficient data for Said to establish whether their remuneration is reasonable compared to companies of similar size in .
Management Team Tenure

Average tenure of the Oman Investment & Finance Company SAOG management team in years:

4.9
Average Tenure
  • The tenure for the Oman Investment & Finance Company SAOG management team is about average.
Management Team

Said bin Ahmed Safrar

TITLE
Chief Executive Officer
COMPENSATION
OMR3K
TENURE
5.7 yrs

Vikas Pitti

TITLE
Chief Financial Officer

Saud Al Siyabias

TITLE
Chief Operating Officer
TENURE
1.8 yrs

Khalid Balushi

TITLE
Senior Manager of HR & Administration
TENURE
0.7 yrs

Aiman Abdul Khair

TITLE
Head of Legal & Compliance Affairs and Secretary

Ahmed Tabouk

TITLE
General Manager of Business Development
TENURE
4.9 yrs

Tahir Bin bin Abdullah Al Amri

TITLE
Deputy Chief Executive Officer
TENURE
4.9 yrs

Kanna Bommayan

TITLE
Head of Internal Audit
Board of Directors Tenure

Average tenure of the Oman Investment & Finance Company SAOG board of directors in years:

5.6
Average Tenure
  • The tenure for the Oman Investment & Finance Company SAOG board of directors is about average.
Board of Directors

Nasser Al Harthy

TITLE
Chairman of the Board
COMPENSATION
OMR7K
TENURE
2.8 yrs

Tariq bin Hafidh Salim Al Aujaili

TITLE
Deputy Chairman
COMPENSATION
OMR4K
TENURE
5.8 yrs

Nasser Bin Al Sheibani

TITLE
Independent Director
COMPENSATION
OMR6K
TENURE
5.6 yrs

Shaikh Salah Bin Hilal Bin Al Mawali

TITLE
Non-Executive Director
COMPENSATION
OMR6K

Majid Sultan Al Toky

TITLE
Independent Director
COMPENSATION
OMR8K

Faiz Khan

TITLE
Director
COMPENSATION
OMR3K

Shaikh Ahmed Al Mashani

TITLE
Director
COMPENSATION
OMR6K
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (OMR) Value (OMR)
X
Management checks
We assess Oman Investment & Finance Company SAOG's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Oman Investment & Finance Company SAOG has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

News

Simply Wall St News

Company Info

Description

Oman Investment & Finance Company SAOG, an investment and services company, provides billing, collection, and debt factoring services for electricity, water, and telecom services in the Sultanate of Oman and other GCC countries. The company operates through four segments: Execution of Contacts with Principals; Investments; Money Exchange; and Contracting. It offers meter reading and bill delivery, bill printing, and disconnection/reconnection services for electricity and water; collection services on behalf of various electricity distribution companies; and contract services for bill printing for electricity and water accounts. The company also provides bill printing and delivery, collection, and customer services for private switched telephone network, mobile, and Internet services; extension of disconnection and reconnection for electricity charges; and money exchange services, as well as supplies AMR smart meters and communication devices. In addition, it engages in electrical contracting; and the construction of electrical distribution substations, as well as horizontal directional drilling and micro tunneling operations. Oman Investment & Finance Company SAOG was founded in 1979 and is based in Ruwi, the Sultanate of Oman.

Details
Name: Oman Investment & Finance Company SAOG
OIFC
Exchange: MSM
Founded: 1979
OMR17,200,000
200,000,000
Website: http://www.oifcoman.com
Address: Oman Investment & Finance Company SAOG
PO Box 2476,
Ruwi,
112,
Oman
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
MSM OIFC Ordinary Shares Muscat Securities Market OM OMR 09. Apr 1996
Number of employees
Current staff
Staff numbers
743
Oman Investment & Finance Company SAOG employees.
Industry
Diversified Support Services
Commercial Services
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/04/04 18:14
End of day share price update: 2020/04/02 00:00
Last estimates confirmation: 2020/01/16
Last earnings filing: 2020/03/12
Last earnings reported: 2019/12/31
Last annual earnings reported: 2019/12/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.